Resources Connection Q3 Sales $151.300M Miss $152.772M Estimate
Portfolio Pulse from Benzinga Newsdesk
Resources Connection (NASDAQ:RGP) reported Q3 sales of $151.300M, missing the consensus estimate of $152.772M by 0.96%. This represents an 18.99% decrease from the same period last year.
April 03, 2024 | 8:34 pm
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Resources Connection reported Q3 sales of $151.300M, missing estimates by 0.96% and showing an 18.99% decrease YoY.
Missing sales estimates and reporting a significant year-over-year decline is generally viewed negatively by the market, likely leading to a short-term negative impact on RGP's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100